Financial News
Apple picks Globalstar for emergency satellite service on iPhone 14
(Reuters) -Apple Inc on Wednesday selected Globalstar Inc as its
U.S. must do more to block harmful airline mergers, anti-monopoly group says
WASHINGTON (Reuters) – The U.S. Transportation Department (USDOT) must step
C$ rebounds as Wall Street rallies, BoC signals more tightening
By Fergal Smith TORONTO (Reuters) – The Canadian dollar edged
Oil settles below $90 as recession fears mount
By Laura Sanicola (Reuters) -Oil prices settled sharply lower on
Norway did not discuss price cap on its gas to EU -prime minister
OSLO (Reuters) – Norway’s prime minister and the head of
U.S. power use to reach record high in 2022 as economy grows -EIA
(Reuters) – U.S. power consumption will rise to a record
Resilient U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar surged to
Walmart latest to tap bond market with $5 billion offerings
(Reuters) -Walmart Inc will raise $5 billion in bond offerings,
Schlumberger sees North American oil activity growing faster than expected
By Liz Hampton (Reuters) -Top oilfield services company Schlumberger on
BofA tells court Ambac cannot prove $2.7 billion mortgage case
By Jody Godoy (Reuters) -Bond insurer Ambac Financial Group Inc
Canada’s exports fall in July as energy prices weigh
By Ismail Shakil and Julie Gordon OTTAWA (Reuters) – Canada’s
United, American Airlines play down travel demand concerns
By Rajesh Kumar Singh and Aishwarya Nair (Reuters) -United Airlines
Bank of Canada lifts rates to 14-year high, keeps door open on more tightening
By Julie Gordon and David Ljunggren OTTAWA (Reuters) – The
Chile’s central bank revises up inflation forecast, sees recovery in 2024
SANTIAGO (Reuters) -Chile’s central bank raised its inflation expectations on
Carrefour unveils 30 euro shopping basket in Spain after government price cut proposal
MADRID (Reuters) – Supermarket chain Carrefour will sell Spanish consumers
IMF anticipates no further relief needed for Zambia post-debt programme
By Chris Mfula LUSAKA (Reuters) – The International Monetary Fund
Fed’s Brainard says inflation fight will last “as long as it takes”
By Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve
Netflix looks to control cloud computing costs with AWS – WSJ
(Reuters) – Netflix Inc is trying to better control rising
BlackRock defends work with climate groups amid Republican attacks
By Ross Kerber BOSTON (Reuters) – A BlackRock Inc executive
German inflation-relief package to amount to 13 billion euros in 2022
BERLIN (Reuters) -Germany’s relief package to help citizens and companies
Fed’s Collins: ‘more to do’ on U.S. interest rate hikes
(Reuters) – Boston Federal Reserve Bank’s new President Susan Collins,
Twitter to expand its community fact-checking experiment, Birdwatch
By Sheila Dang (Reuters) -Twitter Inc will expand its community
Explainer-How could Europe cap surging energy prices?
By Vera Eckert and Kate Abnett FRANKFURT/BRUSSELS (Reuters) – The
T-Mobile sells wireline business to Cogent for $1, expects hefty charge
By Yuvraj Malik (Reuters) – T-Mobile US Inc is doubling
Explainer-How could Europe cap surging energy prices?
By Vera Eckert and Kate Abnett FRANKFURT/BRUSSELS (Reuters) -The European
Ryanair CEO voices doubts over Boeing 737 MAX deliveries
BRUSSELS (Reuters) -Ryanair Chief Executive Michael O’Leary raised further doubts
Peloton says CPSC staff recommends fines related to treadmill recall
(Reuters) -Peloton Interactive Inc on Wednesday disclosed that staff at
Russian consumer prices drop for 9th week ahead of rate-setting meeting
MOSCOW (Reuters) – Russian consumer prices fell for a ninth
Walmart, UnitedHealth to offer preventive healthcare program for seniors
By Arriana McLymore (Reuters) -Walmart and healthcare giant UnitedHealth Group
Deutsche Bank mandated to lead Porsche IPO retail offering – spokesperson
By Emma-Victoria Farr FRANKFURT (Reuters) – Deutsche Bank has been
Citigroup hires top chemicals banker from Jefferies to drive dealmaking
(Reuters) -Citigroup Inc has hired Derek McNulty as head of
Ukraine sailor permits seen crucial for grain exports, global shipping
By Jonathan Saul and Max Hunder KYIV (Reuters) – Ukraine’s
Brazil’s currency seen trading in tight range ahead of election – Reuters poll
By Valentine Hilaire MEXICO CITY (Reuters) – Brazil’s currency is
E.ON casts doubt on German plan to keep nuclear plants on standby
BERLIN (Reuters) – Germany’s plans to delay the closure of
Fed’s Mester warns high rents mean inflation may not yet have peaked
(Reuters) – The high cost of rental accommodation in the
EU plans to cap Russian gas price as Putin warns West of winter freeze
BRUSSELS/VLADIVOSTOK Russia (Reuters) -The European Union proposed a price cap
Analysis-As interest rates jump, Canadian borrowers turn to credit unions for mortgages
By Nichola Saminather TORONTO (Reuters) – In a country where
Union groups, investors seek worker rights review at Apple
By Ross Kerber (Reuters) – Labor groups and investors have
Canada’s Ivey PMI shows activity expanding in August
TORONTO (Reuters) – Canadian economic activity expanded in August as
U.S. bank regulators still weighing options on measuring climate risk
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) -A
Target CEO Cornell to stay three more years in bid for stability
By Uday Sampath Kumar (Reuters) -Target Corp on Wednesday scrapped
Polish central bank slows down rate hikes, projects decline in GDP growth
By Anna Koper WARSAW (Reuters) -Poland’s central bank raised its
Global supply pressures continued decline in August – NY Fed
WASHINGTON (Reuters) – An index of global supply pressures eased
Indonesia central bank: do not expect aggressive rate hikes like Fed
JAKARTA (Reuters) -Indonesia’s central bank governor Perry Warjiyo said on
Nissan to acquire automotive battery firm Vehicle Energy Japan
(Corrects to clarify Nissan will buy all shares from INCJ)
Bank of Canada unveils 75-basis point hike and flags more increases
TORONTO (Reuters) – The Bank of Canada hiked interest rates
UPS to hire over 100,000 seasonal workers to deal with holiday rush
(Reuters) – United Parcel Service said on Wednesday it would
U.S. trade deficit narrows in July; exports at record high
(Reuters) – The U.S. trade deficit narrowed in July as
BoE says Truss plans could slow inflation, too soon to talk about rates
By David Milliken and Andy Bruce LONDON (Reuters) -Britain’s surging